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obama weighed down by a jobless rate higher than any incumbent seeking re-election since fdr win 323 electoral votes, sweep 8 of 9 battleground seats? as the republican party picks up the pieces and looks ahead to 2016, here are lessons hopefuls from both parties might want to keep mind. if you don't define yourself, your opponent will do it for you. romney let the president's early attacks on his personal wealth and business background go largely unanswered. romney's campaign argued after a long and expensive primary, they had to choose how to spend at the time, limited funds, and they had to claim it was better than defenses of his personal record. in the end, obama beat romney by ten points. on the economic values question that was this, which candidate is more in touch with people like you. 53% said romney's polauolicies d favor the rich. just 10% said that about the president's policies. and romney, the first republican nominee in the history of our poll to go into a convention with his personal rating under water and campaign with a painful number, just 47% of voters viewing hi
because he's not worried about the general election. he's worried about a primary election like a rand paul. >> and the other -- >> by the way, he is from rand paul's state. it's possible. >> he is. the other thing to keep in mind is boehner's speakership vote is up on january 3rd. >> but you -- everybody keeps saying that, but to vote against the speaker who is the caucus nominee, let's face it, he is the nominee of the republican party. to not vote for the speaker is a major act of betrayal on the part of any member of the congress. you have to that day -- >> the idea if he goes and forces through a tax increase, they could express their dissatisfaction, their unhappiness, by not voting for him for speaker. it takes a majority of the full house for him to get elected. a couple dozen of those guys -- >> i know this stuff. >> for the sake of the viewers. >> but for the sake of me, there used to be a sense of doing the right thing, and by the time you're the party nominee for speaker, you vote for the party nominee for speaker. you don't just screw around with this thing because that wo
this is part of the story of the 2012 election and maybe the never several elections. sam wang had an accurate forecasting model. he sent us a cartoon rather than a chart. he weighed in on the attacks being launched as people like us who are using data to talk about the election. it says quote, breaking, to surprise a sun dit the best system for determining which of two things is wiser. we posted these charts and a bunch of others. i'll tweet a link to them. that does it for tonight. and now it is time for the last word. have a good night. >> the house of representatives. has known for over a year that it has a monday night deadline for avoiding the fiscal cliff. so when are they going to start working on that? sunday night. >> stalemate gridlock joorks this is what the holidays look like. >> there is so much manure around here. >> this isn't school house rock. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday night. >> ho
in the general election with the latinos, who he got blown out and provided a huge margin in the swing states. >> that is a good point, my point is, of course, the anonymous video operator, who captured the 47%, which is why we happen to have the tape. why it happened to be ready. now, the best move of 2012. what was the best move of 2012? >> this is really hard, because some part of me as a political junky thinks the best move is the crazy thing. and for that, i would give it to mitt romney actually moving across the stage and grabbing rick perry, this kind of physical debate style he also had that revealed him to be crazy and not driven by the same things that most humans are driven by. but sort of the competitive work force bought. but i think at end of the day we keep going back to the 47% -- >> it is everything. >> the release of that. and the timing of that changed the contours of the race, forever. >> and we don't really know who is responsible for that timing. krystal, the best move. >> the best move, goes to the point about immigration, the president, when he gave a press conference
the people who aren't willing to make a compromise. >> this is something we know that our elected leader haves to get done and don't have hope for getting something done is on gun control in this country, although the conversation still wages on. fresh in the news is the fact that four firefighters were basically used as target practice for this person in webster, new york. two were shot and killed on christmas eve in upstate new york. there's the suspect right there. william spangler spent time in prison for murdering his grandmother. he shouldn't be access to weapons at all. police say that he left a note behind saying he was doing what he liked to do best, killing. they think in the burned remains to find his sister. they have found human remains but they haven't said whether or not it is his spangler's sister or lot. lynn, the fact that we're talking about this, do we do it now through the prism of newtown? he had also a weapon, the ar-15 rifle, one of the weapons that spangler used. do we look at it through the prism of newtown? >> newtown, virginia tech, columbine, northern illinoi
. >> this is much more important than any election. >> if the president didn't know exactly what happened, he sure as hell should have. >> candidates -- >> i was the perfect candidate for america. >> what if mitt romney isn't the best person. >> the idea that somehow making a business profitable is different than helping people is really a foreign idea. >> and more. >> it's ridiculously easy for someone to purchase a gun. >> do you think homosexuality is a sin? >> i think that it's -- it's -- it's unnatural. >> did you get up this morning and have a quick -- >> i probably did, i probably did. >> "piers morgan tonight: the newsmakers" starts now. >>> good evening. one of the great things about my job is that every night i get to sit down with movers and shakers, the men and women at the center of the biggest stories of the year. what do they have in common? they're all utterly fascinating. tonight you'll hear from some of my favorite guests. we'll begin with the big man himself, governor chris christie. he found himself in a bit of hot water for making nice with president obama in the wake of hurr
'm the newly-elected president of the united states who has a legacy to think about why wooir take that chance? certainly my friends on capitol hill on the republican side of the aisle have come to the reerlization that the president is prepared to take them over the fiscal cliff which is why you have the boehner move. i don't understand why you'd want to start the presidency with the potential of going over a fiscal cliff that could potentially put us into a recession. why not work a deal for the short term. why not look to do something more broad based next year? >> it would be been good to do it two months ago but the reality is, there's always risk. realistically if we take 5 to be 10, 20 days. the markets panic over everything. i assume these are rational actors. even if the market goes down 3 or 4%, markets fluctuate all the time. it goes down one day and back the next week and the impact on the economy is the same thing as my decision to go out to dinner next week. >> i disagree with that statement. it goes down 3 or 4% and then a lot of wealth has been destroyed. >> but it comes back.
on medicare reform or one of these issues, it's going to be used against me in the 2014 election and i'm not going there. >> paul: that's what they just didn't want to take that step, they figured then they'll suffer. it will ab very bad vote and so, i mean, john boehner is in a very tough spot, as jason said because ultimately, if you can't deliver the the votes on the floor, you either have to turn it over to the democrats and pass something with a handful of republicans and democrats, which may be what happened, or you end up going over the cliff. >> you know, i think the main problem for boehner is actually not what he does, but how -- who it gets blamed on, that's what he has to work harder on communicating to the american people. there are three branches of government, you know, we didn't elect president obama to be the dictator. we have another branch which, where the democrats lost and people who voted for republicans were very concerned about the size of government, paul. i mean, they've allowed this to be a debate about tax rates, but the real problem, i think, for most repub
irregularities in the presidential election. on the radio show she said voter suppression was in full force in so many states all over this country.s ar the first lady cited no specifics and prompted judicial watch to issue the fina followig statement. mrs. obama's exhibitions of minority vote suppression or racially divisive and show a dangerous disregard for the troops. we are aware of no evidence of actual voter suppression.r if she has some issues to disclose. by the way, we have not heard from the justice department on this issue at all. given his history that we certainly would have if there waslth any incident of voter suppression. our next guest defense the tough voter id law say it is a paramount important that we protect the integrity of the process and make sure voter irregularities and voter fraud is eliminating. joining us now, attorney general of south carolina, great to have you with us.at first, your reaction to what the first lady had to say. >> i obviously disagree with the first lady.with in every state i looked at, georgia, indiana are two states, section five, one is not a se
, no one is coming behind him and senator mcconnell, the republican leader of the senate is up for re-election and as we saw in the senate race in kentucky a few years ago, he may have to worry about a challenge from the right if he supports a tax increase. i think president obama is doing the only sane thing he can, which is reach out to the speaker and he controls the house and, that is -- and the good news for the president is the public seems by all the polls, by the fact the election came out the way it did, to be in his corner, not the speaker's. >> rick: the president -- you want to weigh in on that? >> i just -- >> rick: americans are in favor of raising taxes on the wealthiest americans and, the president did win, november 6th. >> we have seen polls that say that, they approve tax reform and want to see real entitlement reform and want to get spending under control. but, president obama has failed to bring anything up to the -- on the table, and, especially the democrats, they have been silently on entitlement reform and silent on the spending cuts and as we know, we can talk about ra
senator mcconnell that the november election -- that isn't true. the president was out there clearly saying there should be a continuation of the middle-class tax cuts, but not for the upper 2%, adding unemployment insurance. so essentially there's a stymie, a blockade by republicans who really don't want anything to happen that relates to tax rates. >> sir, you said you're disappointed. the huffington post is out where this new piece on product activity. we always hear the phrase the do-nothing congress, referring back to the 1940s, but side by side, 219 bills have been signed during this latest legislative body, and the 104th had 333 bills signed, so they are the do-nothing congress getting a bad rap comparatively. are the american people just supposed to sit by and expect this? because that's the way it is, the american people's hands are hogtied to whatever you guys want to do and whether you can get your act together. >> i don't think the american people should be silent. for example, on unemployment insurance, we've talked to people who will lose their benefits. it's bad for th
. the american people are also partly to blame here. there was an election and he left in place everything the same. the house is the same. senate is basically the same. you voted for basically more of the same. american people don't escape blame either. >> gregg: van hollen basically has the same argument, he has been out for 12 days and vanhollen, boehner would not touk talk to him. i'm not sure i buy that. if it does go to the fiscal cliff and we go over it, sequestration would cut only $109 billion next year. that is actually not a lot in a budget of almost four trillion, is it? >> it's not a lot of the total number, half of that goes to defense which are own admirals and generals have said and secretary of defense would be devastating. this comes on top of -- $50 billion in one year to the defense. and it doesn't touch at all medicare and the other entitlement programs. >> gregg: biggest drivers and cost and absolutely nothing has been done about those things? >> it's criminal. she is things are going to destroy us. we can live with higher taxes, you might not think it's the best idea
the election. >> what the president's campaign did was focus on certain members of his base coalition, give them extraordinary financial gifts from the government, and then work very aggressively to turn them out to vote, and that strategy worked. >> that explanation got mitt romney attacked and condemned by the likes of bobby jindahl and other republicans. they're now trying a new approach. tag romney said this about his father. he wanted to be president less than anyone i knew in my entire life. he had no desire to run, says tag, who worked with his mother and to persuade his father to seek the presidency. if he could have found someone else to take his place, he would have been ecstatic to step aside. too bad he never told newt gingrich that. joining me now, msnbc's joy reed. i'm on the verge of feeling sorry for them, trying to come up with these crazy reasons about why he lost. and now they want to pretend that this guy who lived his whole life in order to run for president didn't really want to run for president. >> yeah, i know, lawrence. there is nothing more failing than failing to
demonstration passed before the last election and 90% of those hikes were delayed until after the president got himself reelected. then we have massive spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told obama if you want a trillion dollars in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask you again. 0 i'm a republican congressman and i signed your tax pledge to not raise taxes. if someone says here's a bill that says if you sign this we will cut taxes for 98% of americans. how could you say no? my point is, the administration is winning the war of optics. if they played it out this way, do they not win? >> well, they've won the war of optics so far because everything's been done in camera. it's been done inside closed walls. if c-span and fox and -- were able to videotape the negotiations, the kind of
. >> are these red line warnings talk? >> cnn projects that barack obama will be re-elected president of the united states. >>> terror at an elementary school in connecticut. >> 20 children dead, six adults are also dead. >> so our hearts are broken today. for the parents and grandparents, sisters and brothers of these little children. may god bless the memory of the victims. >> thanks so much for starting your morning with us. we've got much more ahead on cnn's saturday morning which starts right now. >>> good morning, everyone. i'm randi kaye. it is 7:00 on the east coast, 4:00 a.m. out west, thanks for starting your day with us. victor blackwell is on assignment. >>> we start with the big countdown, ten days left for the white house and congress to reach an agreement on the fiscal cliff where millions of americans will be paying the price in their paychecks. but congress is now on holiday recess. and president obama is in hawaii. let's go straight to cnn's emily schmidt in washington. good morning. so before he left the capitoal, he laid out this three-point plan to washington. >> before he left
is a horrible thing that people can spend and waste this amount of money on elections? think of all the -- you know, the people that could benefit from that money, you know? >> there have been two elections since i've been in america, there have been two elections where one party has had far more financial firepower than the other. one was here in california with meg whitman, one was nationally, but romney clearly had more money than obama. in both cases both of the most money lost. >> isn't that great? >> what does that tell you? >> people are getting smarter. i don't like all this amount of money spent on this election. there should be a give -- campaign finance reform is very important. i hope somebody does something about it. you should have a give amount, equal amount. equal air time and that's it. you know? that idea of corporations being people, no, no. this is a country of, by and for the people, not of, by and for the corporation. you know. because i'm so against gmos, the modified food, and i'm so against lobbying, you know, by chemical companies lobbying, and that proposition 37, yo
. >>> massachusetts congressman ed markey is the first to officially throw his hat in the ring for a special election. mark -- the democrat has never run a statewide race. scott brown is the overwhelming favorite to run on the republican side. it's that time of the year again, jib jab's year in review. ♪ big scandals everywhere ♪ we kept obama care ♪ a hard-fought election ♪ they kicked us in the year ♪ the end is here ♪ it's no yew pretending ♪ i'm not going to let this trending ♪ ♪ 2012 ♪ the end is here >>> that's just a taste. check out more on our facebook page at facebook/jans & co. >>> president obama will sit down with top leaders to try to avoid the fiscal cliff deadline. senator chuck schumer says there's some signs for optimism here. >> the first time leader mcconnell is speaking to the president, if the senate is going to be the place for action starts. >>> means to me we could come up with some kind of agreement. >>> let's bring in democratic strategist blake zeff, and robert shranham. first who will be there. president obama, the vice president biden that will be the
come off the dow very similar to what we saw after the election when we don't get a deal. this comes home. people don't realize what this is going to do. this is not healthy. this is not good. so what we're going to get is this wakeup call and i think people are getting a gift right now, opening the screens, take some off the table. at least place protective stops so you know where you will get out. >> rick santelli, is that how you read the message of the market right now? >> you know, i think the market's major movement with regard to the lack of a solution on the fiscal cliff has been more of what we've seen not more of what we think we're going to see. i'm referring specifically to some of the special dividends, some of the tax issues, some of the buy backs, some of the way, you know, states and trusts are being manipulated and moved to deal with the potential worst case scenarios. i think in terms of the market our guests just referred to some of the volatility. you know, as congress called it a day or as the boehner bill didn't pass the plan b. but i remember the t.a.r.p. vote.
elections. a morp. >> i'm gonna go with b--prom, final answer. meredith: yes, it is prom. [indistinct] of morp. you got a hundred dollars. let's add a little bit more to that bank. how about $5,000? $5,100, 2 questions away from your "double money" question. this next category, "animal crowds." according to new research, emperor penguins stay warm by huddling together and replicating what common crowd activity? >> oh, my gosh. meredith: stomping feet, hand clapping, crowd surfing, the wave. >> i've been talking about "march of the penguins" all day. meredith: why? >> i have no idea. 'cause i think the worst thing to come back into the world as is an emperor penguin. ha ha! meredith: really? >> yeah. meredith: i didn't know that. >> antarctica's really cold. meredith: oh, 'cause it's cold. yeah, ok. >> ha ha! um... i'm going to have to jump this question. i'm just--i'm caught between 2 answers. meredith: ok, question is out of play. you don't have to answer it. the correct answer-- the wave... >> yeah. meredith: is the right--was that one of the ones you were-- >> i was leaning towards
this election and so the president actually does have a little bit more political capital to spend than the republicans do. john boehner would get a much worse deal than he would have gotten the summer when we were talking when ford and i actually were on this channel talking about the debt limit. and that is because the right has been captured by antitax interest by grover norquist, by people who won't come to the table and have a reasonable conversation about modest tax increases in relationship to modest cuts in spending where the majority of american people are. and so -- >> alexis, let's be honest. >> because the house is acting like bunch of kids. >> the president is backtracking on his deal because all he's concerned about doing is breaking house republicans on this issue, because he wants to get his agenda through before the 2014 election and he feels the best way to do this is make house republicans and john boehner who is now the least popular congressional leader look like bad guys. it's political heater and not good governance. >> heather: we appreciate you joining us. we'll
. the notion that our elected leadership can't do the same thing is mind boggling to them. and needs to stop. >> i just have to repeat, congress, you are terrible at your jobs. i really don't like working with you. we're going to talk a bit later in the show about everybody hates congress and what we can do about that. but as much as the public hates congress, you really get the feeling that congress' approval rating among president obama is in the neighborhood of negative 75,000 percent. and yes, numbers geeks, not a real number. but he seems really tired of working with these people. but there is a way in which congress, and particularly congressional republicans may actually be helping president obama out right now. everybody's always known two things about the cliff. you're almost certainly going to get more taxes in a deal after you go over than in a deal before you go over it. that's because after you go over the cliff, taxes already go up for everybody. so anything you do, any reasonable deal congress reaches, it will be a big tax cut. but the other thing about the fiscal cliff is you
. the opposition is also gearing up for parliamentary elections, which are supposed to take place within two months. in previous elections we saw the opposition unorganized and divided. this time they say they have a unified front to put as many as possible in the new parliament to change the constitution. while we see it unford, there's an economic crisis. egypt's economy is in dire straits, and the muslim brotherhood and islamic allies need you to unite with the option if they push through tough austerity measures which are fairly unpopular. the two sides don't seem like they're going to unite anytime soon, at least not until the parliamentary election. the economy just has to wait. ian lee, cnn, cairo. >>> in india protesters demand more protection for women. this is after a brutal rape aboard a bus. we'll talk with a woman that lived in new delhi and knows the dangers for women on public transportation. and a choice.with artn take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. has oats that can help low
in the coverup. what the motive was. we know what the motive was, it was the election and obama had been saying he was done with al-qaeda and possibly this was al-qaeda. the i've made different studies of coverups, pentagon, watergate, iran-contra. >> clayton: i've had the pleasure of meeting him over the years and usually a fair-minded person so for him to come out and say this in person, he may have some evidence to show it's credible and may keep pushing forward. a lot of people are not happy the way that benghazi unto folded, that we were caught flat-footed and even though there were military members. >> and specifically what he's referring to, having read the transcript, on thursday there was a senate foreign relations committee asking exactly the same questions they asked on the first day of the benghazi tragedy and that is the cia memo left the cia with the specific references to al-qaeda in it. by the time the memo was presented to susan rice and came out of her mouth on the sunday morning talk shows, those records as to al-qaeda had been spiked, who did that? even after the report, the
elected to office today if you say i'm going to cut this entitlement or restrict that entitlement or restrict or cut that payout to some group or people. i think that's the kiss of death in american politics and therein lies the problem. >> that's going to change, these things need to be done. that's simple math. stuart: what will it take to make us change? >> it's going to take main. pain. a lot of people say it's a man made crisis only because we haven't dealt with the problems youp until now. congress set the deadlines. these could be random and asked around. if we start to see, i mean, we've seen this before, stuart and you know, the summer of 2011 we saw this, fall of 2008 we saw this, took a 5 to 7% drop in the stock market, a big abrupt plunge to get attention in washington and that's when we got action. so you can look in the future and a number of things like that that could happen that would force washington to do something, but we're not there yet. stuart: no, we're not there yet. as you suggest we could roll everything over, agree to keep disagreeing with the current s
, your elected officials are wasting time while the clock ticks. house speaker john boehner announced his plan b to let bush-era tax cuts expire for earners making more than a million dollars a year. and he wants to replace automatic cuts in defense spending set to start early next year with unspecified cuts elsewhere. the speaker pulled his so-called plan b for lack of support from his own party because many republicans still beholden to grover norquist and that ridiculous pledge want no compromise at all. the debate between the two sides centers around a balanced approach to the budget. republicans say president obama wants too much revenue. that's taxes in normal speak. and not enough cuts. >> at some point we have to address the spending problem we have. we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle the fundamental reform of our tax code will help us get your economy moving faster and put more americans back to work. how we get there god only knows. >> president obama doesn't see it that way. >> at some point there's go
there is a new prime minister in japan. he is shinzo abe, the japanese parliament elected him today five years after abe abruptly resigned from the job. he's japan's seventh prime minister in six years. alex reports from tokyo. >> reporter: a remarkable political comeback is now complete here in japan. shinzo abe is once again prime minister, elected in parliament on wednesday following his party's landslide victory in general elections earlier this month. he has now taken the reins and unveiled his cabinet as well, which includes former prime minister aso who is deputy prime minister as well as finance minister. as the 58-year-old abe returns to the top post he vacated in 2007, his to-do list this time is very long. front and center is the economy, which has sputtered along in japan for the better part of two decades and is in recession once again. many will be watching to see how abe handling heightened tensions with china, as the two countries spar over disputed islands, as well as north korea, which defied the international community recently launching a rocket that skirted japanese territ
of the last six elections. the never miss an opportunity to miss an opportunity and if they follow the prescription for what will happen is they will cosign themselves with their position. >> i just want to understand this, representing both sides that you both want, right? >> i'm saying the republican party lost, democrats have no mandate and republican don't change they will continue to lose. lou: notice you have to put on me. i said let's examined apollo the possibility of recess. >> we do very well in the midterms. that is because we don't have to do all this. >> nobody taking the blame anybody one. that is just wrong. i want to hear names on the republican side. where is this great talent? >> jeb bush is a great man. he would do immigration reform, a change in policy, change in personality and a very good man. he is somebody worth having a prominent role in this country. >> i'm looking at the operative level. lou: do you know what in the world republican world stands for which mar? reagan had social conservatives, religious conservatives, fiscal conservatives. >> a shining cit
will be re-elected president of the united states. [ cheers and applause ] >> terror at as elementary sc
presidential candidate mitt romney. >> this election is over. but our principles endure. >> romney ran on his impressive business credentials but it was his multiple gaffes during the campaign that analysts say helped seal his fate. remember the 47% comments. >> 47% who are with him, who are dependent upon government. >> and this one -- >> binders full of women. >> number six, ex-cia director general david petraeus. >> breaking news now coming in regarding the chief of the cia, general david petraeus. >> general petraeus, can you talk with us, please? >> the news was unexpected. the reason, shocking. petraeus, a retired four-star general, had quit his cia post and admitted he had cheated on his wife. petraeus' mistress was also his biographer, paula broadwell, an embarrassing exit from the public stage by one of the most respected public servants of his time. >> number five, super jumper felix bum gartner. let's face it, he did what no human has ever done, diving 24 miles from the edge of space, breaking the sound barrier along the way. >> i'm still the same guy. but as soon as you start trav
on the house. it might create an opening for speaker boehner. although it might endanger his re-election to the speakership on january 3. >> doug: the 21st of this month, the "wall street journal" did a great piece on the inside negotiation over the fiscal cliff. i said this. referring to president obama. ol' office meeting he told mr. boehner that if the sides didn't use the agreement he would use the inaugurate address and "state of the union" to sell country the republicans at fault. he said i put $800 billion in tax revenue on the table. what do i get for that? you get nothing. >> he knows the republicans are fractured and i think the debate who will lead is ridiculous. nothing is going to come out of the house or the senate. president will decide what will be in the senate. the entire objective was not to pass anything to help with the debt or deficit. to destroy the republicans in the house. create a civil war. that is what he did. he would not compromise on tax rate. he himself said a year ago. but he insisted on the rates knowing it would cause the kind of civil war in the house.
the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. i'm moderately optimistic that an agreement can be achieved. >> the president realizes after weeks of saying no they will get it done at the first time. they realize for the first time we may go off the cliff. harris. >> harris: they do call them experts for a reason the ones telling us this would be coming. >> plan a was basically the dramatic 4 trillion-dollar debt plan, the so-called big deal. then you had plan b from john boehner, that failed as well. this is basically plan c. just deal with extending tax cuts for the middle class. deal with unemployment benefits running out for 2 million people and then deal with some small spending cuts. but not deal with the big, big spending cuts on medicare and some of those entitlement programs. that's one thing that frustrates republicans. they think the can is being kicked down on an important piece of this. spending. i can tell you earlier today republican ron lamar said the president is not doing enough. >> we need two words. pr
as a fundamental issue. >> that's fair. this was an election, barack obama won by three percentage points. this is a divided country right now. it's not me and grover. >> it does not absolve anyone of the responsibility of getting the business of the nation done. >> i agree with that. i agree. i want a resolution here. and i think actually there's room for -- i think there will be some kind of bargain in the next couple days or next few weeks and then we move on to these bigger issues that you've been talking about, tax reform, et cetera. one last point if i may. whether we improve these tax increases for the rich or not, as you know, you've said, we still have a trillion-dollar deficit. we have a lot of work to do. >> we do. all i ask is that we get the work done. steven moore, always a pleasure. thank you. we'll talk to you a lot in 2013. >>> up next, the great tax debate that steven was just talking act. does raising tax on the wealthy really hurt the economy? i'll give you an answer. s. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. a
. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. >> joy, is this is same kind of negotiator we saw in the first term? >> i'll tell you, richard. one of the things you notice that the president didn't do was offer any new plan. i think he's laying this debacle squarely at the feet of congress. and the president, i think, helped himself by previously making some offers that even his base was uncomfortable with. it's clear to everyone watching that he's been reasonable to try to make offers. i think he's expressing plopperly the frustration of the american people. >> it's almost like the white house is stepping out. i think we have some sound from mitch mcconnell talking about the next steps. let's see if we can run that out. >> we had a good meeting at the white house. we are engaged in discussions, if majority leader, myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation. that i can make to my conference and the majority leader can make to his con
, whether it be the fiscal cliff, the election, the situation in europe. nonetheless, gold has just not been the safe haven. this morning, it was industrial metals that got a boost as we saw rallies in asia on hopes that maybe this new regime in china is going to be spending more helping to prop up the property department there, housing, than might mean more demand for industrial metals. copper today, the standout in part because of that. also, a different note, the s.e.c. ahead of the holiday delayed a decision on the proposed etf, according to the "wall street journal," the etf would hold twice as much copper in terms of holdings compared to the jpmorgan holding approved on december 14th. >> i think 182,000 physical tons they could take off the market. we'll revisit it later. for a moment, thank you. bob pisani is joining me on the floor of the nyse. the big discussion is about retail and what the figures from mastercard tell us. >> i just want to point out that the dow industrials dropped in the middle of the day. there had been some concern the house leadership which is all coming back n
clout. what the nra does so well is organize and motivate their people to get out in elections. arguing against what they do, you are arguing against democracy. we're in this fight together, instead of dwighting america, let's come together for a change. we can. >> i want to talk a little more about the proposal that wayne la pierre made too put armed police officers in schools. it's gotten tepid support from republicans and that's probably an understatement. listen to john boraso yesterday. >> i think decisions about schools ought to be made at the local level. i would not want a national effort to say you have to do this at schools. i think local education decisions are best made at the local level. >> so even the -- people who should be the biggest supporters of this ideas to not only put armed police officers in schools, but to fund it republicans in congress, they are hands off, what does that tell you? >> lots of ways we can approach these issues and it really requires a multidisciplinary approach. what works in an environment in new york city isn't going to work in rural america,
gone on for 20 -- >> these redline warnings talk? >> cnn projects barack obama will be re-elected president of the united states. >> terror at an elementary school in connecticut. >> 20 children dead. six adults are also dead. >> so our hearts are broken today. for the parents and grandparents, sisters and brothers of these little children. may god bless the memory of the victims. and in the words of -- heal the broken-hearted and bind up their wounds. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. >>>
there for a week. >> i said, why don't you have anderson what i sexted him on election night? >> she did. send e me dirty messages for david gergen. >> top that, crowley. >> okay. see, and usually i it follow-up really well, but there's just no place to go with sexting david gergen. i'm sorry. there's just not -- >> the most comparesing thing was i actually showed david gergen the messages. because she was pressuring me. >> weird stuff. >> expect bizarre and youd landiland iland outlandish is all i can say, the expressions on the faces is what makes it priceless. i can't wait to see what they have up their sleeve. >> interesting. what do you have new year's eve? >> well my birthday is new year's day. my parents are coming into town. we're going to a party. it's all fun. and you are getting ready for -- >> what else? the fiscal cliff. a fiscal cliff special coming up new year's day. i have to go to bed early. too bad. >> sorry. >>> the next hour of "cnn saturday morning" begins right now. -- captions by vitac -- www.vitac.com >>> good morning, everyone. i'm alison kosik. >> and i'm chp cristi paul.
started off so well, in terms of expectations for economic growth. we had an election this year, too. i think that's another thing that is sort of the key. we hit europe again as we had the last two years previously. but this last quarter, i think there's been a lot more optimism, even with the fiscal cliff sitting there, as sort of this potential, real roadblock at the end of the year. perhaps even too much optimism some would say. when you speak to ceos, there's still a lack of confidence, i would argue on the part of many of them, that you would like to see more of. perhaps a reflection of their concerns about the fiscal crisis that may weigh on our tax spending policies. >> we'll start over the next week or so talking about performers for the year. top s&p performer is pulty, which says how people are viewing how people will view what's driving the economy in the coming year. bank of america has doubled. worst performer on the dow, hpq. there will be crystallizations of what happened overall. >> the perspective on this whole thing is the s&p 500 is still up 14% year-to-date. despite
, this is an unbelievable situation because it's been, what, five or six weeks since the election. abc it's amazing that they are still as far apart today from getting a deal as they were when we first started talking about this. if we do go over the cliff. by the way i agree with peter. i still there is a slim chance at getting something done next week before new year's eve. but if we don't get that deal, we're talking about a very major tax increase. not just on people like warren buffet and bill gates but middle class folks. by my calculations if you look at all the taxes that are going up. if we go over the cliff you are talking about if you are a middle class family earning between 45 and $75,000 your tax bill will go up $2,500 a year. >> we have some of these statistics by category here on the screen. this is modern. from zero dollars to $20,000. you are still going to get hit. 400 bucks, stephan. that's no small amount. >> no. just to intervene that's because the payroll tax. payroll tax reduction that also is scheduled to go up next year as well. even lower income people will get hit. no qu
. >> clayton: do you buy the charles krauthammer argument, the president was aware after the election he wanted to create a civil war in the republican party and to charles point he did that? >> yes, i think this obviously was to drive a wedge between the house conservative republicans and house capitulationist republicans and of course between the senate republicans and the house republicans. when the ball is in harry reid's court this is not a good thing for conservatives and what's going to happen now between today and tomorrow is, if you've got mitch mcconnell and harry reid sitting down, never a good thing and apparently, trying to come up with income tax thresholds, and if they don't come up with something, again, that wedge gets driven further and obama can sit in the cat bird's seat and blame, blame, blame republicans for their obstructionism. >> dave: quickly, you think a deal gets done, a threshold say around a half million dollars, unemployment gets extended and very little cuts, is that basically what you think happens here? >> i think that's right. i think that's the basic outline
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